Timeline
Five Point submitted its proposal for a public offering. On May 10, 2017 they became a publicly traded company.
Public hearing set for Mission Village and Landmark Village for July 18, 2017
July 18th, 2017 The Los Angeles County Board of Supervisors unanimously gave final approval for the tract maps of Mission Village and Landmark Village! After over 30 years, they can finally move forward with the beginning stages of the development of Newhall Ranch.
Margaret White Newhall died. Her estate was put into a new company and called the “White Investment Company”. It appears that the income generated from the newly formed company was enough to carry the company financially for a while. Because of that, they decided not to sell the Ranchos and took them off the market.
I find it interesting how things happen in life.